Sugar Bear Foundation
- Assets
- $37.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mooresville, NC
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-2390797
Organization Overview
Sugar Bear Foundation is located in Mooresville, NC. The organization was established in 2016. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sugar Bear Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sugar Bear Foundation generated $103.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 70.3% each year . All expenses for the organization totaled $75.6k during the year ending 12/2021. While expenses have increased by 25.5% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE SUGAR BEAR FOUNDATION SUPPORTS MILITARY SURVIVING SPOUSES AND CHILDREN THROUGH PROGRAMS THAT PROVIDE CAREER, EDUCATIONAL AND FINANCIAL INITIATIVES TO MEET THEIR IMMEDIATE AND ONGOING NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Cerkan Treasurer | 0 | $0 | |
Jennifer Carazo Chairman | 0 | $0 | |
Eric Burke Vice Chairman | 0 | $0 | |
Tony Gallardo Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,617 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,617 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,131 |
| Professional fees and other payments to independent contractors | $4,344 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,153 |
| Total expenses | $75,628 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,989 |
| Other assets | $0 |
| Total assets | $36,989 |
| Total liabilities | $5,454 |
| Net assets or fund balances | $31,535 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sugar Bear Foundation has recieved totaling $10,156.
| Awarding Organization | Amount |
|---|---|
Veterans United Foundation Columbia, MO PURPOSE: FINANCIAL ASSISTANCE PROGRAM AND GOLD STAR SPOUSE | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $91 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
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Francis P Chiaramonte Md Family Foundation Inc Alexandria, VA | $42,064,981 | $1,988,575 |
Special Operation Care Fund Inc Atlanta, GA | $332,687 | $2,251,151 |
Svdp Diocesan Council Of Charleston Simpsonville, SC | $683,288 | $1,824,626 |
A Step Ahead Foundation Inc Memphis, TN | $3,137,526 | $2,423,176 |
Autozoner Assistance Fund Inc Memphis, TN | $1,988,697 | $1,522,560 |
Children Of Restaurant Employees Woodstock, GA | $1,825,017 | $1,448,112 |
Jackson Emc Foundation Inc Jefferson, GA | $239,768 | $1,230,630 |
Richmond Fisher House Founation Richmond, VA | $1,722,892 | $357,614 |
The Mirza Family Foundation Herndon, VA | $9,452,035 | $5,003,144 |